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Stock Market & Financial Investment News

News Breaks
January 6, 2014
07:05 EDTGE, TMOThermo Fisher to sell cell culture, gene modulation unit to GE Healthcare
News For TMO;GE From The Last 14 Days
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November 20, 2014
16:01 EDTGEBlackstone to puchase GE Japan's residential real estate
Blackstone (BX) announced that funds affiliated with Blackstone Real Estate Partners Asia will make an investment in connection with an agreement to acquire GE Japan's 100% owned residential real estate business for over ¥190B. The business owns and operates more than 200 residential properties, consisting of over 10,000 units primarily in Tokyo, Osaka, Nagoya and Fukuoka.
November 19, 2014
13:20 EDTGEGeneral Electric to partner with Chinese companies on energy, China Daily says
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08:04 EDTGEGE Healthcare announces Omnyx collaboration with Caradigm
GE Healthcare announced it will resell Caradigm’s Single Sign-On and Context Management solutions in the United States, Canada, and specific EU countries to provide connectivity between the Omnyx digital pathology platforms and designated Anatomic Pathology Laboratory Information Systems.
November 17, 2014
10:54 EDTTMOThermo Fisher management to meet with ISI Group
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10:31 EDTGEGE sees China order growth despite slowing economy, WSJ says
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November 14, 2014
17:27 EDTTMOPaulson & Co. gives quarterly update on stakes
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09:38 EDTGEActive equity options trading
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08:04 EDTGEGE Capital provides $37.5M credit facility to Specialty's Cafe & Bakery
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08:00 EDTGEHalliburton, Baker deal would face 'intense' DOJ scrutiny, says Jefferies
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November 13, 2014
11:12 EDTGEHungary to buy Budapest from GE Capital, Reuters reports
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10:04 EDTGEGE opens $500M Brazil Technology Center
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07:26 EDTGEGE sees great infrastructure demand in developing markets, Reuters says
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November 12, 2014
09:01 EDTGEGE to build advanced manufacturing facility in Pennsylvania
GE announced that it will build a new manufacturing facility to drive innovation and implementation of advanced manufacturing technologies across GE. The new facility represents a $32M investment over three years by the company and will result in the creation of 50 high-tech engineering jobs initially, in disciplines ranging from mechanical and electrical to systems and software engineering. These technologists will join GE’s global network of 50,000 world-class scientists, engineers, and skilled labor who are working to solve some of the world’s toughest challenges. The new facility reflects GE’s belief that the intersection of technology and manufacturing – marrying hardware with software – is bringing a new era of manufacturing. The site will be located outside of Pittsburgh in Findlay Township, PA to capitalize on the renowned academic institutions and skilled workforce in the area. Construction is expected to begin in March 2015 to be completed by September 2015.
08:05 EDTGEGoldman to hold a conference
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November 11, 2014
08:01 EDTGEGE Healthcare, Takeda enter into alliance agreement for R&D in hepatic fibrosis
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November 10, 2014
06:30 EDTGEGlobal LED lighting market ste to rach $25.7B in 2014, DigiTimes says
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November 7, 2014
16:53 EDTGEGeneral Electric files to sell 75M shares of common stock
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07:04 EDTGESouthcross Energy Partners completes $210M capital commitment
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November 6, 2014
08:58 EDTGEGE Capital closes sale of GE Money Bank AB to Santander Consumer Finance
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08:16 EDTGEGE Oil & Gas planning $60M investment in Lufkin, Texas, foundry
Seeking to improve and sustain its manufacturing capabilities to meet the growing demand for oil and gas production and power transmission equipment, GE Oil & Gas announced it plans to invest $60M in expanding and modernizing its foundry operations in Lufkin, Texas. The Lufkin foundry produces industry-leading iron castings used to make renowned Lufkin beam pumping units and Lufkin power transmission equipment. GE plans to demolish 30,000 square feet of its existing 515,000-square-foot facility and construct 72,000 square feet of new buildings. The company also plans to refurbish the remaining facilities at the site in Angelina County. The facility upgrades will create a simplified production process flow, improve employee working conditions and provide GE’s customers with improved quality and delivery schedules. Design work for the project is expected to begin in 2014. As currently proposed and pending government approvals and permits, construction would be carried out in four phases commencing in 2016. Under that schedule, construction is expected to be completed in about three years. The foundry manufactures gray and ductile iron castings, producing an estimated 72,000 tons of products each year.

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